Brazil’s Desktop confirms talks with Claro after report on potential sale

SAO PAULO: Brazilian internet provider Desktop confirmed on Tuesday that it had held preliminary talks about a transaction with telecom operator Claro, following a media report that it could soon be acquired by Claro.

Desktop, which specializes in fiber optic internet, said in a securities filing the discussions for a “potential transaction” were non-binding and no agreement had been reached on price, structure or other key terms so far.